Dunkin’ Brands Group Inc just served up one highly caffeinated deal that will give its stock price a jolt. The Canton, Massachusetts-based coffee chain is selling itself to Inspire Brands for $106.50 a share, a 26% premium to its 20-day trading average before talks between the two sides were made public. The deal values Dunkin’ at $11.3 billion including debt, ...

In “The Godfather,” the book that inspired a generation of corporate boardroom warriors, Michael Corleone dismisses his trusted friend Tom Hagen as an adviser to his family. “Mike, why am I out?” the mystified Hagen asks. “You’re not a wartime consigliere,” Corleone responds. UK Prime Minister Boris Johnson has the opposite problem. In Dominic Cummings, his chief of staff, he ...

In less than a month, two unusual things happened at the People’s Bank of China (PBOC). First, it no longer required banks to set aside cash if clients wanted to short the yuan. This makes betting against the currency cheaper, and allows room for the yuan to weaken. Second, the PBOC removed the so-called counter-cyclical factor, one of the three ...